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MSU

06/05/16 8:53 PM

#2474 RE: markt1983 #2473

I heard a dollar, but idk for sure.

MSU

06/05/16 9:02 PM

#2475 RE: markt1983 #2473

Mark we need to get clarification on that, because if it is 2000 wells.....we may be in over our head.
Key people dropping from the payroll should not be looked upon as always bad. If the break even is 2000 wells, have mercy. I am taking my bid down.

zzg123

06/06/16 9:59 AM

#2477 RE: markt1983 #2473

I think break even is around $9-12 million in sales, so using an average price for Excelyte you can get the implied well count of around 2,000. Is this around your estimate of break-even?

zzg123

06/06/16 10:00 AM

#2478 RE: markt1983 #2473

That's true with the operating costs, I didn't account for that